About MNBWX
Manning & Napier Pro-Blend Extended Term Series Class W is a balanced mutual fund designed for discretionary investment accounts, blending equity and fixed income exposure for long-term capital growth. The fund primarily targets investors with a long time horizon—typically 7 to 20 years—and a reasonably high capital risk tolerance who seek growth potential while managing overall portfolio volatility. By allocating assets between stocks, bonds, and a small fraction in cash equivalents, the fund aims to capture much of the stock market's appreciation while attempting to mitigate downside risk, especially during volatile market periods.
A hallmark of the fund is its dynamic asset allocation strategy, where the mix between equities and bonds is adjusted based on market valuations and outlook, striving for an optimal balance between return and risk. Sector and industry exposure within the portfolio can vary, encompassing U.S. and foreign stocks, along with a diversified range of fixed income securities, including those of varying maturities and credit qualities. The fund is subject to market, interest rate, issuer, and liquidity risks, among others, reflecting its diversified mandate. Manning & Napier Pro-Blend Extended Term Series Class W plays a distinctive role for those seeking a professionally managed solution that flexibly adapts asset allocation parameters to changing market conditions while maintaining a growth-oriented profile.
Fund Family Manning & Napier
Category Allocation--50% to 70% Equity
Performance Rating Low
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol MNBWX
Share Class Class W
Index Bloomberg U.S. Aggregate Bond TR
MNBWX had a total return of 10.66% in the past year, including dividends. Since the fund's
inception, the average annual return has been 8.28%.
